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LIC Said to Lead Bidding in NSE’s $2.4 Billion India IPO

Bloomberg Markets Tuesday 22 September 2026, 08:08 UTC By Rajesh Mascarenhas 1 min read
Key Points

Life Insurance Corp. of India Ltd. was the biggest bidder in National Stock Exchange of India Ltd.’s initial public offering, according to people familiar with the matter, highlighting strong demand from local long-term institutional investors even as retail participation remained subdued.

Life Insurance Corp. of India Ltd. was the biggest bidder in National Stock Exchange of India Ltd.’s initial public offering, according to people familiar with the matter, highlighting strong demand from local long-term institutional investors even as retail participation remained subdued.
NSE (ORG) India IPO Life Insurance Corp. of India Ltd. (ORG) National Stock Exchange of India Ltd.’s (ORG)
Originally published by Bloomberg Markets Read original →

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